utilization

American  

[yoot-l-ahy-zey-shuhn] / ˌyut l aɪˈzeɪ ʃən /

especially British, utilisation

noun

1. an act or instance of making practical or profitable use of something.

   I don't think this plan results in the best utilization of tax dollars.

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Other Word Forms

• misutilization noun
• nonutilization noun
• overutilization noun
• preutilization noun
• reutilization noun

Etymology

Origin of utilization

First recorded in 1840–45; utiliz(e) ( def. ) + -ation ( def. )

Example Sentences

This approach, known as in situ resource utilization, allows explorers to use materials already available on another planet rather than transporting everything from Earth.

From Science Daily

Estimates suggest that the utilization rate of household cars is around 5% — meaning that a car sits unused for 95% of its functional life.

From MarketWatch

Phreesia processed $1.2 billion in transactions volume, an increase of 9% year over year, through its billing functionality that facilitates payments for upfront costs such as medical deductibles with growing utilization.

From Barron's

Three months “is a substantial length of time to observe elevated visits, as most studies focused on acute care utilization following wildfire smoke exposure find increased visit counts over about a weeklong period,” Casey said.

From Los Angeles Times

Texas Instruments built too much chip making capacity and kept its utilization of these facilities too high in the past few years, even as demand declined from a pandemic-era spike, Goldman Sachs said.

From Barron's

Related Words

• application
• discharge
• employment
• usage